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Heron enables providers of Traditional Term Loans to underwrite faster

Speed up your underwriting process by fully automating your PDF bank statement parsing without any human-in-the-loop. Get a clear picture of outstanding debt. Increase the credit limit and duration of your Traditional Term Loans for your best customers

  • 01

    Underwrite faster

    Turn PDF bank statements into meaningful data and, ultimately, actionable insights for each of your loan applicants in minutes

  • 02

    Lend with confidence

    We can analyze PDFs parsed by Heron for structural and formatting anomalies, which might indicate fraud or document tampering

    Furthermore, our cash-based P&L solution highlights unreconciled bank transfers indicating that you do not have a full view of all of your loan applicant’s accounts. Additionally, Heron can help you identify undisclosed loans and other indicators of mismanaged finances

  • 03

    Increase funding amounts

    We summarize deposits, withdrawals and balances by month in addition to highlighting any existing debt obligations including other traditional term loans from other debt providers. This gives you a better understanding of your loan applicants cash position and their overall affordability

  • 04

    Decrease chargeoffs and losses

    Use Heron’s predictive features to get a better understanding of how your loan will perform in the next 30-, 60-, or 90-days including indicators of and likelihood of default

Product Features

See how each of our products can help you achieve your lending goals!

Our features work together seamlessly allowing you to go from ingesting PDF bank statements to bank statement summary and ultimately, a lending decision

Automated PDF Parsing

Our PDF parsing solution removes the need for any human-in-the-loop – upload PDFs via our dashboard or via API and get back parsed bank data in seconds

PDF Parsing

PDF Anomaly Detection

We can analyze PDFs parsed by Heron for structural and formatting anomalies, which might indicate fraud or document tampering

PDF Anomaly Detection

Bank Statement Summaries

Get a clear picture instantaneously of the cashflows of your loan applicants – we summarize deposits, withdrawals and balances by month in addition to highlighting any existing debt obligations including loans from other debt providers

Bank Statement Summary

Cash-based P&L

Turn bank transaction data into a monthly, cash-based profit and loss statement to get an understanding of how revenue and costs are moving for your loan applicant

Cash-based P&L

Company Prediction

We use our wealth of loan applicant data and loan outcomes to predict the likelihood of certain company events like incurring an NSF fee

Company Prediction

Loan Prediction

We use our wealth of loan applicant data and loan outcomes to predict the likelihood of loan repayment and loan default

Loan Prediction
Let’s work together

Want to get started with Heron?

Book a call today to trial our product and see how we can improve your underwriting speed, increase your lending amounts, and improve your loan outcomes!